2013-11-15T14:46:56-06:00 2012-12-31 043141926 RUCCI BARDARO & FALZONE PC 919 EASTERN AVENUE MALDEN MA 02148 990 2012-01-01 260385131 KAIST US FOUNDATION INC KAIS 7813216065 919 EASTERN AVENUE C/O PAUL BARDARO MALDEN MA 02148 NEIL PAPPALARDO TREASURER 7813216065 2013-11-15 1 PAUL BARDARO CPA P00634441 7813216065 2013-11-13 2012 2016-03-07 17:11:31Z PAUL BARDARO CPAABV 919 EASTERN AVENUE MALDEN MA 02148 163391 0 X N/A X 2007 MA THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES, TO THE BENEFIT, TO PERFORM FUNCTIONS, OR TO CARRY OUT THE CHARITABLE PURPOSES OF THE KOREA ADVANCED INSTITUTE OF SCIENCE AND TECHNOLOGY (KAIST)AND ANY OTHER EDUCATIONAL INSTITUTION. 6 6 0 0 0 0 195535 151238 0 0 9459 12153 0 0 204994 163391 627500 2751500 0 0 0 0 0 0 0 32265 52978 659765 2804478 -454771 -2641087 3050146 442010 13453 13500 3036693 428510 X THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES, TO THE BENEFIT, TO PERFORM FUNCTIONS, OR TO CARRY OUT THE CHARITABLE PURPOSES OF THE KOREA ADVANCED INSTITUTE OF SCIENCE AND TECHNOLOGY (KAIST)AND ANY OTHER EDUCATIONAL INSTITUTION. 0 0 509025 509025 THE FOUNDATION DONATED TO KAIST DEVELOPMENT FOUNDATION (KOREA) TO BUILD NEW FACILITIES, KAIST INSTITUTE BUILDING. 206360 206360 THE FOUNDATION DONATED TO KAIST DEVELOPMENT FOUNDATION (KOREA) TO BUILD NEW FACILITIES, DONALD KIM CENTER OF CHEMICAL BIOLOGY. 2036115 2036115 THE FOUNDATION DONATED TO KAIST DEVELOPMENT FOUNDATION (KOREA) TO BUILD NEW FACILITIES, KAIST MEDICAL CENTER. 2751500 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 MA X PAUL BARDARO CPAABV 7813216065 919 EASTERN AVE MALDEN MA 02148 X DR BJ PARK 5.00 X 0 0 0 DRCHONG MOON LEE 5.00 X X 0 0 0 NEIL PAPPALARDO 5.00 X X 0 0 0 DR KYUNG SIN PARK 5.00 X 0 0 0 DR NAM PYO SUH 5.00 X X 0 0 0 MOON SOUL CHUNG 5.00 X 0 0 0 0 0 0 0 0 0 0 0 151238 151238 12153 12153 163391 12153 0 0 2751500 2751500 4974 4974 42623 42623 5266 5266 115 115 2804478 2751500 52978 0 753893 150373 1657748 638505 291637 3050146 442010 13453 13500 13453 13500 X 17506 65959 3019187 362551 3036693 428510 3050146 442010 -2641087 32904 0 X 0 0 0 X 1013452 95107 300419 195535 151238 1755751 1013452 95107 300419 195535 151238 1755751 1755751 37935 32465 21346 9459 12153 113358 1869109 0.93940 0.99260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 FIN 48 FOOTNOTE: ON JANUAY 1, 2009, THE FOUNDATION ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX PROVISIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE FOUNDATION HAS ANALYZED THE TAX POSITIONS TAKEN IN ITS FILINGS WITH THE IRS AND STATE JURISDICTIONS WHERE IT OPERATES. THE FOUNDATION BELIEVES THAT ITS INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE FOUNDATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE FOUNDATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2012. 0 SOUTH KOREA 0 0 THE FOUNDATION DONATED TO KAIST DEVELOPMENT FOUNDATION (KOREA) TO BUILD NEW FACILITIES. SEE STATEMENT ON SCHEDULE F PART IV (PAGE 4). 2750000 SOUTH KOREA 0 0 THE FOUNDATION DONATED TO KAIST DEVELOPMENT FOUNDATION (KOREA) TO BUILD NEW FACILITIES. SEE STATEMENT ON SCHEDULE F PART IV (PAGE 4). 1500 0 0 0 0 0 0 2751500 0 2751500 SOUTH KOREA THE FOUNDATION DONATED TO KAIST DEVELOPMENT FOUNDATION (KOREA) TO BUILD NEW FACILITIES, KAIST INSTITUTE BUILDING, DONALD KIM CENTER OF CHEMICAL BIOLOGY AND KAIST MEDICAL CENTER 2751500 WIRE THROUGH FINACIAL INSTITUTION (BANK) 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: THE CHAIRMAN AND THE BOARD MEMBER REVIEW AND FOLLOW UPON THE GRANTS DISBURSEMENT BY THE BENEFICIARIES. FORM 990, PART VI, SECTION B, LINE 11 THE TAX RETURN IS PRESENTED TO GOVERNING BODY OF THE ORGANIZATION BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12 THE ORGANIZATION MONITORS THE STATUS OF BOARD OF DIRECTOR MEMBERS IF ANY CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAINTAINS BOARD OF DIRECTORS MEETING MINUTES AS WELL THE SIGNATURE OF ALL BOARD MEMBERS. THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC UPON REQUEST. THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC FORM 990, PART VII DR. B.J. PARK - 745 MOUNTAIN STREET, SHARON, MA 02067. DR.CHONG MOON LEE - 330 GOLDEN HILLS DRIVE, PORTOLA VALLEY, CA 94028. NEIL PAPPALARDO - 10 ROWES WHARF 1104, BOSTON, MA 02110. DR. KYUNG SIN PARK - COLLEGE OF LAW, KOREA UNIVERSITY, SEOUL, KIRIBATI. DR. NAM PYO SUH - 34 MAYNARD FARM ROAD, SUDBURY, MA 01776. MOON SOUL CHUNG - 8TH FLOOR MIRAE BLDG 545-7 DOGOK-DONG GANGNAM-GU, SEOUL, KIRIBATI.